2019 TND to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TND to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TND to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3445.8549. Conversely, the yearly low was recorded on February 21, dropping to 2974.3734.
This high-to-low spread represents a total annual volatility of 471.4814 GNF. From a start-to-finish perspective, comparing the January average rate of 3091.5445 to the December average rate of 3340.4446, the exchange rate registered a net change of 8.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 3445.8549 was down 9.48% compared to the 2018 peak of 3806.6152, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
TND to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3064.9559, compared to 3250.7462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 185.7903 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 192.3909 GNF (High: 3239.1931 / Low: 3046.8021). On the other end, April was the most stable month, with a tight range of 45.7455 GNF (High: 3062.2386 / Low: 3016.4932).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 45.7580 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 3340.4446) against the same month in 2018 (average: 3112.1951), the exchange rate shifted by +228.2495 (+7.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3122.4520 | 3004.8559 | 3091.5445 |
| February | 3104.6866 | 2974.3734 | 3045.7865 |
| March | 3063.8363 | 2990.7817 | 3030.4257 |
| April | 3062.2386 | 3016.4932 | 3040.3924 |
| May | 3083.4355 | 3031.5345 | 3057.6576 |
| June | 3239.1931 | 3046.8021 | 3123.9286 |
| July | 3224.7741 | 3175.8483 | 3198.3251 |
| August | 3232.2481 | 3157.8594 | 3209.4245 |
| September | 3235.1204 | 3181.2181 | 3218.0267 |
| October | 3279.2345 | 3213.5451 | 3253.7319 |
| November | 3347.2429 | 3178.2009 | 3284.5243 |
| December | 3445.8549 | 3300.9454 | 3340.4446 |